$529,000

Commercial For Sale In Northeast, Mississauga, Ontario

$529,000

Property Information:

A gold mine high end Italian bakery that is seldom offered with very low rent $7,100 includes TMI, HST. It was a shell unit in the past, but the owner-operator spent more than $375K on upgrades. With these renovations the owner was able to transform the unit into an impressive and profitable bakery. Chattels, equipment's and fixtures, with a value of $260K, are fully paid off by the owner operator of the bakery. The bakery has an updated electrical panel, flooring, walls, equipment's, chattels, light fixtures, bright lights, commercial grade kitchen, exhaust hood and system & much more. After all the expensive renovations, the owner is selling this profitable bakery in 1 sale price which includes more than 10 businesses such as bakery products, catering, buffets, 30 to 50 seats in the bakery for dining in, breakfast, hot lunches, deli, dairy products (ice cream)& an LCBO bar/restaurant. Bakery can be changed to any restaurant Except Indian restaurant. **** EXTRAS **** Commercial zoning permits wide range of uses as mentioned in client remarks shown above.Recently the Landlord Issued a new 5+5 Lease to tenants.The business is conveniently located with seamless access to major highways & areas of influence (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 2540 Square Feet
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Bathrooms: 3
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 2540.00 Square Feet

Courtesy of: HOMELIFE/MIRACLE REALTY LTD

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.